Latest news
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Hyundai to supply fuel cell systems to European eco-friendly truck maker
SEOUL -- HTWO, a fuel cell system wing of the Hyundai auto group, forged a partnership with ENGINIUS, a commercial eco-friendly truck-making wing of Germany's FAUN Group, to provide fuel cell systems. This is the first time the South Korean carmaker to sign a fuel cell system supply deal with a commercial carmaker. Hyundai's hydrogen fuel cell system brand HTWO was first introduced in December 2020 to develop fuel cell systems for cars, trains, and ships. Targeting China
December 12, 2022 -
LS Cable wins $306.2 mln HVDC cable contract for Vanguard Offshore Wind Farm in Britain
SEOUL -- LS Cable & System, a major cable maker in South Korea, has won a 400-billion-won ($306.2 million) contract for high-voltage direct transmission (HVDC) cables from Sweden's state power company Vattenfall. The special cable will be used for the delivery of electricity for an offshore wind farm that will be built some 47 kilometers (29 miles) east of Britain's eastern Norfolk coast. HVDC converts alternating current into high-voltage DC and can send large amounts
December 12, 2022 -
S. Korea to recycle more than 20% of discarded materials from ocean by 2027
SEOUL -- In an effort to recycle more than 20 percent of waste materials collected from the ocean by 2027, South Korea's maritime ministry will launch a committee that manages various types of ocean waste. Such materials can be recycled and efficiently used as raw materials for eco-friendly products such as clothes, bags and shoes. According to data released by the Ministry of Oceans and Fisheries in 2021, more than one million tons of ocean waste were collected across the coun
December 12, 2022 -
Hyundai Shipyard wins $69.8mln LPG tanker order from Oceania country
SEOUL -- South Korea's Hyundai shipbuilding group grabbed an order worth $69.8 million to build a liquefied petroleum gas tanker ship, a typical type of ship that carries liquefied gas across oceans. The company also revealed during a conference call that the number of contracts won this year has exceeded its initial goal that was set earlier this year. Korea Shipbuilding & Offshore Engineering (KSOE) said during a conference call on December 12 that the company received a
December 12, 2022 -
S. Korea to lead international standardization of liquid hydrogen fuel tank technology
SEOUL -- South Korea's standardization proposal for liquid hydrogen fuel tank technology was adopted as a draft standard at an international conference. Fuel tanks that store hydrogen in a liquid state are crucial components for urban air mobility vehicles. Liquid hydrogen is created by cooling hydrogen gas to an extremely low temperature of about minus 253 degrees Celsius (minus 423 Fahrenheit). The liquified form has about ten times more energy density than the vapor state.
December 12, 2022 -
Arms procurement agency partners with LIG Nex1 to develop high-performance counter-battery radar
SEOUL -- South Korea's arms procurement agency has partnered with LIG Nex1, a defense contractor, to develop a high-performance counter-battery radar system in an effort to replace outdated radars that are currently in use. A counter-battery radar can detect artillery projectiles fired by one or more guns, rocket launchers mortars, and howitzers. When incoming artillery shots are detected, the counter-battery radar can pinpoint the location of enemy forces that fired them. Norm
December 12, 2022 -
Atomy Chairman Park Han-gill receives consumer-friendly award from fair trade watchdog
SEOUL -- The chaiman of South Korea's direct selling company Atomy has received an award from the country's state fair trade watchdog for rolling out consumer-friendly business management plans. The company was certified as a consumer-centered management company by the state consumer agency for the first time as a direct selling company in 2019. Founded in 2009 by chairman Park Han-gill, Atomy is a global direct distributor that recorded more than 2 trillion won in sales in
December 9, 2022 -
S. Korea develops blueprint for space weather prediction system
SEOUL -- South Korea had finished the development of the blueprint of a space weather forecast system project that would create a safe and stable operating environment for military recon satellites, communication satellites, and guided weaponry. The space weather forecast system will go online in 2024. While many regard space as an endless empty area except for places where planets are located, the vast zero-gravity area also has its weather conditions affected by situations like
December 9, 2022 -
Seoul to renovate popular riverside areas to prevent accident by unexpected heavy rainfall
SEOUL -- To establish a safe waterfront environment for Seoulites, the capital city will renovate popular stream and riverside areas by installing safety equipment and replacing outdated facilities with a new model. Safety facilities and disaster monitoring systems will be set up to remotely block access to riverside footpaths and bicycle roads in case of sudden heavy rainfall. In August 2022, Seoul experienced a life-threatening downpour, inundating homes, cars, buildings, and sub
December 8, 2022 -
KT deploys AI concierge system to hotel in central Seoul
SEOUL -- In an effort to popularize the company's artificial intelligence-based hotel concierge system, South Korea's largest telecom operator KT has deployed an AI concierge to a hotel in central Seoul. The AI-based system will help hotel operators save manpower costs and effectively manage customer inquiries. After commercializing a 5G-connected autonomous hotel concierge robot called "N bot" at a hotel near central Seoul in December 2019, KT has accelerated the
December 8, 2022
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Korea reports world's first demonstration of integrated operation of urban air mobility systems
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SNU professor to spearhead Korea's inaugural space agency
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HD Hyundai establishes new headquarters for marine energy businesses
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Video streaming services in Korea sharply raise subscription fees
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Korea launches first nanosatellite in New Zealand
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Pinkfong creates Baby Shark-themed musicals to captivate global fans
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LG Electronics, Kakao Mobility collaborate on delivery robot service
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Analysts predict poor earnings for major Korean game publishers in first quarter
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Carmakers, tech firms gather in Seoul for premier industry show
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Label control battle casts shadow over NewJeans' comeback